Category: Real Estate Development

The main reason behind the development of New Brunswick was the establishment of Rutgers University. Then, the city was made the headquarters of Middlesex County. However, observers have realized that even though these factors were in place to help the development of the town, the town was not growing as fast as it was estimated to.

Like all the other cities in the country, there has been a remarkable increase in the number of foreigners settling in the City. The issues that have made the growth stagnate despite this benefit include the continued decrease in the cost of their real estate property and lack of the support that they need from the relevant authorities.

The role of the Town Council for instance is to make sure that the companies that are given the responsibility to carry out construction projects for the town are credible and that they have the needed experience to succeed within the set timelines. This is not happening in New Brunswick. As a result, the city has fallen behind the expected development rate at this time.

In 1975, there was a lot of hope for the development of the city after Johnson’s and Johnson’s decided they wanted keep their operations within the city. They have been a part of the city’s skyline since that time. Then, there has been the constant crowd of young students that come to attend college at Rutgers. They too have contributed a lot to the growth. Indeed, the city is always teeming with life and vibrancy. See, http://www.nytimes.com/2005/03/06/realestate/at-two-extremes-of-a-housing-market.html.

Sam Boraie

The company that Sam is president to, the Boraie Development Co was started three decades ago, reports Bloomberg. Their first headquarters, which remain to date was the city of New Brunswick. Sam Boraie has done a lot to try and provide the surging property market of the city with the right real estate property, both for sale and for rent.